NAAC is a US Department of Treasury-certified Community Development Financial Institution (CDFI) mission-driven to provide access to basic financial services, affordable credit, and investment capital to low-income borrowers who have historically been left out of traditional banking services.
We provide guidance online to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan program that is suited for their business.
Conduct critical workshops to business owners in a way that is scalable and effective to business owners when ideal. The topics will be led by subject matter experts in the areas of Business Planning, Sources of Credit, Financial Presentation, and Business Model Changes.
NAAC is an authorized microloan intermediary lender of SBA. SBA microloans have certain conditions between the SBA and intermediaries and certain conditions between intermediaries and borrowers. NAAC is a HUD-Approved 501(c)(3) nonprofit housing organization and an emerging certified CDFI providing comprehensive counseling to over 10,000 minority families in diverse communities throughout California and as a CDFI, preparing clients for mortgages and linking qualified small business & non-traditional borrowers to loans and other financing options to assist underserved communities. To qualify for a loan, you must reside in an eligible state and meet underwriting requirements. Rates and terms are subject to change without prior notice.
National Asian American Coalition (NAAC) is licensed in California under California Finance Lender Law License #60DBO-93986.